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EU decides on further aluminum tariffs

The EU will provisionally impose anti-dumping duties on aluminum flat-rolled products from China. They will apply from Tuesday and amount to between 19.3 and 46.7 percent. The reason for the levies is a preliminary investigation by the EU, according to which Chinese producers are alleged to have sold aluminum products such as sheet, plate and foil to the EU at artificially low prices. The cost of raw materials, energy, and labor to produce said aluminum products was “not the result of free market forces” and was “influenced by significant state interference“, the EU investigation said. It stems from a complaint by the trade association European Aluminium.

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